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PPP loans in Martin County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 1,761 Paycheck Protection Program loans for businesses it recorded in Martin County, $63.8 million in all.

Martin County, as of September 30, 2024

$63.8 million
Approved
$63,829,582
0.4% of the $16.6 billion approved in Minnesota.
1,761
Loans
1,303 first draws and 458 second draws.
99.8%
Forgiven
1,757 of 1,761 loans carry a forgiveness amount, $64.2 million in all.
0.1%
Charged off
1 of 1,761 loans, approved for $20.8 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Martin County · 2020–21

1 more column on a wider screen

The largest borrowers in Martin County, 2020–21
RankNameUSD
1Central Farm Service, Truman$5.4 million
2Fairmont Foods, Inc., Fairmont$2.7 million
3Devenish Nutrition, LLC, Fairmont$1.9 million
4Kahler Automation Corporation, Fairmont$1.1 million
5Lakeview Methodist Health Care Center, Fairmont$995.2 thousand
6Clerc Enterprises Of South Central Mn LLC, Fairmont$847.0 thousand
7Easy Automation Inc., Welcome$843.6 thousand
8Easy Automatic,Inc., Welcome$843.6 thousand
9Zierke Built Manufacturing, Inc., Fairmont$740.9 thousand
10Hugoson Pork, Inc., Granada$665.1 thousand
11Zierke Built Manufacturing Inc, Fairmont$635.6 thousand
12Community Options & Resources, Sherburn$571.4 thousand
13Beemer Well Drilling Inc., Fairmont$492.0 thousand
14Elizabeth Chevrolet Inc, Truman$443.0 thousand
15Dulcimer Medical Center, Fairmont$418.4 thousand
16Tech Builders Inc., Fairmont$403.2 thousand
17Fairmont Orthopedics And Sports Medicine, Pa, Fairmont$394.7 thousand
18Fairmont Orthopedics & Sports Medicine Pa, Fairmont$380.1 thousand
19Park Motor Company, Fairmont$342.0 thousand
19Park Motor Company, Fairmont$342.0 thousand
21Fairmont Veterinary Clinic, LLP, Fairmont$338.0 thousand
22Hawkins Chevrolet Inc., Fairmont$314.7 thousand
23Lb Pork, Inc., Fairmont$304.5 thousand
24Hen-Way Mfg Inc, Fairmont$285.6 thousand
25Step, Inc., Fairmont$282.4 thousand
26Seasons Healthcare Of Trimont, Inc., Trimont$282.0 thousand
27Day Plumbing, Heating & Cooling Inc, Fairmont$276.0 thousand
28Boekett Building Suppply Inc., Truman$271.8 thousand
29B & B Gas, Fairmont$261.5 thousand
30Kahler Electric Co, Fairmont$260.0 thousand
31Hinrichsen Seed & Chemical Inc, Fairmont$236.6 thousand
32Dewar Electric Inc, Fairmont$234.3 thousand
33B & B Gas Piping, LLC, Fairmont$228.6 thousand
34Hinrichsen Seed & Chemical, Fairmont$225.9 thousand
35Eunoia Family Resource Center, Pa, Fairmont$223.4 thousand
36Step Inc., Fairmont$218.0 thousand
37Commodity Services, Inc., Fairmont$211.6 thousand
38Militello Motors Inc, Fairmont$208.0 thousand
39Five Lakes Ranch LLC, Fairmont$206.3 thousand
40Sweet Financial Services, Inc, Fairmont$203.7 thousand
41Fleet & Farm Supply Inc., Fairmont$202.5 thousand
42Gaalswyk Bros. Trucking, Inc., Trimont$194.7 thousand
43Saint John Vianney Catholic Church, Fairmont$189.0 thousand
44Saint John Vianney Catholic Chruch Of Fairmont Mn, Fairmont$180.8 thousand
45Kenway Engineering Inc., Fairmont$177.6 thousand
46El Agave Inc, Fairmont$177.4 thousand
47Michael Bettin Trucking Inc., Fairmont$176.9 thousand
48Preferred Capital Management Inc, Fairmont$176.3 thousand
49Erickson, Zierke, Kuderer & Madsen, P.A., Fairmont$166.6 thousand
50Dan's Appliance, Fairmont$165.4 thousand
51Come Home Inc, Fairmont$165.1 thousand
52Riverdale Inc, Fairmont$157.8 thousand
53St Pauls Evangelical Lutheran Church And School, Fairmont$156.0 thousand
54Gold Crest Gilts, LLP, Fairmont$155.7 thousand
55Fairmont Glass & Sign Products, Inc., Fairmont$155.1 thousand
56Kenway Engineering Inc, Fairmont$155.0 thousand
57Superior Contracting Services Inc, Truman$154.2 thousand
58Superior Contracting Services, Inc., Truman$154.1 thousand
59Joe Hager Trucking, Inc., Ormsby$151.1 thousand
60Redi-Haul Trailers Inc., Fairmont$149.7 thousand
61Tech Builders Inc, Northrop$149.5 thousand
62Grace Lutheran Church, Fairmont$147.9 thousand
63Signature Swine Inc, Fairmont$142.2 thousand
64Fairmont Family Dentistry, P.A., Fairmont$135.4 thousand
65Wiederhoeft Welding & Machine LLC, Fairmont$134.0 thousand
66Center Creek Pork, Inc, Fairmont$133.9 thousand
67Ambiance On Albion Inc, Fairmont$130.1 thousand
68Fairmont Glass And Sign Products Inc., Fairmont$129.0 thousand
69Bean Town Grill, LLC, Fairmont$128.3 thousand
70Fairmont Family Dentistry P.A., Fairmont$126.8 thousand
71El Agave Inc, Fairmont$126.7 thousand
72Behne, Inc., Sherburn$126.7 thousand
73Minnesota Motor Bus Inc, Fairmont$122.9 thousand
74Lewis Trucking, Granada$120.1 thousand
75Kindgom Builders Masonry, LLC, Fairmont$119.2 thousand
76Krahmer Shaffer & Edmundson Ltd, Fairmont$119.1 thousand
77Krahmer, Shaffer & Edmundson, Ltd, Fairmont$119.0 thousand
78Snooters, Inc., Truman$114.5 thousand
79Martin Luther High School Association, Northrop$114.1 thousand
80Martin Luther High School Association Inc, Northrop$114.1 thousand
81Forsberg Drainage And Excavation LLC, Dunnell$111.8 thousand
82Rush Creek Nonstock Cooperative, Fairmont$109.4 thousand
83Myguy, Inc., Sherburn$109.0 thousand
84Behne Inc., Sherburn$107.8 thousand
85Schmitz Mgmt. Company, Fairmont$105.8 thousand
86My Guy Inc, Sherburn$104.7 thousand
87Hertzke Construction & Millwork, Inc, Fairmont$103.7 thousand
88Fairmont Artificial Breeders, Lp, Fairmont$100.6 thousand
89Fairmont Steel Products Inc, Fairmont$100.0 thousand
90Starburst Farms Cooperative, Fairmont$99,400
91Lewis Trucking Inc, Granada$98,375
92Schwieger Hogs, LLP, Fairmont$95,200
93Associate Optometry Pa, Fairmont$94,800
93Associate Optometry, Pa, Fairmont$94,800
95Carlson Dental Office, Fairmont$93,600
96Carlson Dental Office P.A., Fairmont$91,916
97Bean Town, LLC, Fairmont$91,675
98Balsam Cooperative, Fairmont$91,618
99Ftm Inc, Fairmont$90,900
100Blu Mountain LLC, Fairmont$90,300

How the list is drawn

  • 100 of the 1,566 borrowers ranked in Martin County are listed: every one ranked in the top 100, with ties. Borrowers approved the same amount share a rank, so the list can be longer than 100.
  • A borrower is ranked here when SBA recorded its first loan in Martin County. Its amount is summed over every loan it was approved, a first draw, a second or both, and is not what was forgiven or repaid, which each borrower’s page shows loan by loan.

Sources

Data retrieved